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Politics

Can Keir Starmer save himself from the Mandelson scandal?

Keir Starmer apologised this morning for appointing Peter Mandelson as Britain's ambassador to the US. He said he should never have believed "the lies" of Mandelson. He says he understands the "anger and frustration" of Labour MPs. But is he in a position to win back the support of his own party? How close is he to the brink? And - if Mandelson's relationship with Epstein was widely known at the time of his appointment - what is the PM actually apologising for? One of those concerned Labour M...

United Kingdom
Economy

How could the Chancellor cut spending?

As the Chancellor prepares her Budget, attention is turning not just to how she could raise more tax - but how she might cut spending. Where does the government actually spend its money? Why is it so difficult to reduce that spending in practice? And what would it take to genuinely pare back the size of the state? Helen Miller is joined by IFS colleagues Ben Zaranko and Tom Waters to unpack the realities behind public spending. They look at how the government’s budget is divided across welfar...

United Kingdom
Business

Michael Ovitz: The Business of Relationships

Michael Ovitz co-founded CAA and helped reshape Hollywood, then took the same playbook into tech investing and advising founders. Public Release: February 3. Members have access now.Join us. Coming Soon: Apple Podcasts | Spotify | Transcript In this conversation, he breaks down the operating rules that kept CAA from losing clients, and the personal disciplines … The post Michael Ovitz: The Business of Relationships appeared first on Farnam Street

United States
Economy

Does the minimum wage cost jobs?

The UK minimum wage is one of the biggest economic policy changes of the past few decades. Introduced in 1999 at £3.60 an hour, it’s now over £12 and it shapes pay for a large share of the workforce. But what has it done to jobs? And if firms pay higher wages, where does the money come from - higher prices, lower profits, or higher productivity? In this episode, Helen is joined by Eduin Latimer (IFS) and Professor Alan Manning (LSE) to unpack what we do and don’t know about the minimum wage. ...

United Kingdom
Economy

The Autumn Budget explained

This week on IFS Zooms In, host Helen Miller is joined by IFS economists Ben Zaranko and Christine Farquharson to unpack one of the biggest Autumn Budgets in years. With seventy-five policy measures, major tax and spending changes, and a striking shift in the economic forecasts, this was a Budget that surprised almost everyone. Helen, Ben and Christine break down: Why the expected “fiscal repair job” never arrivedHow a “lucky” surge in forecast tax receipts reshaped the Chancellor’s optionsTh...

United Kingdom